Dark Star Announces Closing of Non-brokered Flow-through Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
DARK STAR ANNOUNCES CLOSING OF NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT
Vancouver, British Columbia – August 11, 2026 - DARK STAR MINERALS INC. (CSE: BATT) (WKN: A429LR) (FSE:
P0W0) (the “Company” or “Dark Star”) is pleased to announce that, further to its News Release of July 28, 2026,
it has closed its non-brokered private placement, pursuant to which it has issued 4,500,000 flow through units in
the capital of the Company (each, a “Unit”) at a price of $0.075 per Unit for aggregate gross proceeds of $337,500
(the “Offering”).
Each Unit will consist of one critical flow-through common share (each, a “Share”) of the Company and one share
purchase warrant (each warrant, a “ Warrant”). Each Warrant entitles the holder to purchase an additional
common share of the Company (each, a “ Warrant Share”) at an exercise price of $0.10 per Warrant Share for a
period of three years from the date of closing of the Offering.
The gross proceeds from the issuance of the Units will be used to incur resource exploration expenses which will
constitute “Canadian exploration expenses” as defined in subsection 66.1(6) of the Income Tax Act (Canada)
(the “Tax Act”) and “flow through critical mineral mining expenditures” as defined in subsection 127(9) of the Tax
Act, which will be renounced with an effective date no later than Dece mber 31, 2026 to the purchasers of the
Units in an aggregate amount not less than the gross proceeds raised from the issue of the Units.
There were no finder’s fees paid in connection with the Offering.
All securities issued in connection with the Offering are subject to a statutory hold period expiring four months
and one day after closing of the Offering.
None of the securities sold in connection with the Offering will be registered under the United States Securities
Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration
or an applicable exemption from the re gistration requirements. This news release shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful.
About Dark Star Minerals Inc.
Dark Star Minerals Inc. is a mineral exploration company focused on the strategic acquisition and advancement of
uranium and critical mineral resources. The Company holds an option to acquire a 100% interest in the Ghost Lake
claims located in the prolific CMB of Newfoundland and Labrador, comprising 28,575 ha of contiguous claim
blocks, and owns the Bleasdell Project spanning over 515 ha in Northern Saskatchewan, Canada.
For further information please contact:
Marc Branson
President, CEO and Director
E-mail: [email protected]
Telephone: 604-816-2555
Forward-Looking Statements:
This news release includes certain statements and information that may constitute forward-looking information within the
meaning of applicable Canadian securities laws. Forward-looking st atements relate to future events or future performance
and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking
statements and information can be identified by the use of fo rward-looking terminology such as “intends”, “believes” or
“anticipates”, or variations of such words and phrases or statem ents that certain actions, events or results “may”, “could”,
“should”, “would” or “occur”. This information and these statements, referred to herein as “forward-looking statements”, are
not historical facts, are made as of the date of this news release and include without limitation, statements regarding
discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with
respect to, among other things, the intended use of proceeds of the Offering. Although management of the Company has
attempted to identify important factors that could cause actual results to differ materially from those contained in forward-
looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information
may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement,
forward-looking information or financial out-look that are in corporated by reference herein , except in accordance with
applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release.